Authoritative news, analysis, and data for the food industry

Lidl Expanding To New York With Best Market Purchase

Lidl has signed an agreement to acquire 27 Best Market stores in New York (26 stores, 24 of which are on Long Island) and New Jersey (Holmdel).
November 27, 2018

Green, Shapiro Are 'Manos Award' Recipients For Retail Excellence

David Green and Melvin Shapiro, co-owners of D&M Management Services which operates 10 Save-A-Lot discount stores in Maryland, Pennsylvania and West Virginia, have been chosen to receive the “Pete Manos Retail Executive of the Year.”
November 12, 2018

UNFI Completes SVU Purchase; Griffin To Oversee Wholesaler

The United Natural Foods, Inc. (UNFI) $2.9 billion acquisition (including debt) of Supervalu (SVU) was completed on October 22
November 12, 2018

Price Rite Debuts Upgraded Units In Allentown, Bethlehem, Secane

Price Rite Marketplace earlier this month unveiled its new store prototype with the remodeling of three Pennsylvania stores – Bethlehem, Allentown and Secane.
October 17, 2018

Giant/Martin's, Stop & Shop Unveil New Store Prototypes

Buoyed by boosts in their annual capital expenditure funding, two Ahold Delhaize USA (ADUSA) brands (divisions) – Giant/Martin’s and Stop & Shop – will open new store formats before the end of 2018.
October 17, 2018

Another CEO Gig For Jim Donald As He Takes Helm At Albertsons

Albertsons Companies announced last month that Jim Donald, previously the company’s president and chief operating officer, has been appointed president and chief executive officer.
October 9, 2018

Giant/Martin's To Debut Small Format: Giant Heirloom Market

Giant/Martin's unveils new small market format - Giant Heirloom Market.
October 9, 2018

Breaking News: Giant/Martin’s Unveils Small Format: Giant Heirloom Market

On October 4, Giant/Martin's announced that its small-format store on 2300 Bainbridge Street in Philadelphia would be converted to a new concept – Giant Heirloom Market – which is expected to open in December.
October 4, 2018

David McInerney Now FreshDirect CEO As Jason Ackerman Departs

FreshDirect, the Northeast’s leading online fresh food grocer, announced September 6 that after 20 years of service, founder and CEO Jason Ackerman has stepped down from his role as chairman and CEO. Co-founder David McInerney is assuming the role CEO and will join the board of directors.
September 25, 2018

Weis Markets To Continue Path Of Steady, Sustainable Growth

Weis Markets' company execs detail plans at annual vendor meeting, saying the company will continue its path toward steady, sustainable growth.
September 25, 2018

Joe Cavaliere Joins C&S Wholesale Grocers As Chief Commercial Officer

C&S Wholesale Grocers has named Joe Cavaliere as its chief commercial officer (CCO), a newly created position, effective September 4, 2018.
September 10, 2018

Publix To Construct 1.8 Million Sq. Ft. Charlotte, NC Div. Depot

Five years after it created its newest operating division in Charlotte, NC, Publix has announced that it will build a distribution center complex to supply and support stores that the large retailer operates in North Carolina, Virginia and South Carolina.
September 10, 2018

Activist Investor Loeb Acquires 5.65% Stake In Campbell Soup

Activist investor Third Point LLC is pushing for a sale of Campbell Soup Co. The management firm, headed by Daniel Loeb, recently acquired a 5.65 percent interest in the Camden, NJ based firm for $686.4 million.
August 22, 2018

Rite Aid, Albertsons Call Off $24 Billion Proposed Merger

The proposed Albertsons-Rite Aid merger is dead. Fearing a negative outcome, on August 8, the day before the scheduled vote from Rite Aid shareholders to approve a $24 billion merger, both parties called off the deal, ending the hope of both retailers to combine forces.
August 22, 2018

UNFI Aims To Change Game With $2.9B Acquisition Of Supervalu

After vowing to fight a proxy effort to assume board control by New York private investment group Blackwells Capital, Supervalu (SVU) instead made a deal on July 26 to sell its wholesale/retail organization to large specialty food distributor United Natural Foods, Inc. (UNFI) for $2.9 billion ($32.50 per share –…
August 14, 2018

Lofland Named Safeway Eastern President Reporting To Perkins, Who Will Continue To Head Acme

Tom Lofland has been named president of Safeway's Eastern Division, reporting to Albertsons EVP and Acme Markets president Jim Perkins.
August 13, 2018

Proxy Battle For Control Of SVU Board To Be Decided August 16

The proxy battle between Supervalu and minority holder Blackwells Capital for control of the wholesaler/retailer’s board will be decided by the company’s shareholders during the shareholders meeting scheduled for August 16 at Supervalu’s headquarters in Eden Prairie, MN.
July 30, 2018

PA Supreme Court Maintains Legality of Philly Beverage Tax

Philadelphia mayor Jim Kenney and his city council can declare victory as the Pennsylvania Supreme Court upheld the city’s controversial tax on soft drinks and other sweetened beverages.
July 30, 2018

Breaking News: PA Supreme Court Upholds Legality of Philly Beverage Tax

The Pennsylvania Supreme Court has upheld the 1.5-cents-per-ounce tax on soft drinks and other sweetened beverages.
July 18, 2018

The Fresh Market Will Shutter 15 Units As Part Of 'Turnaround' Plan

The Fresh Market, Inc. announced July 9 that it plans to close 15 stores in Virginia, North Carolina, Georgia, Illinois, Indiana, Kentucky, New Hampshire, Tennessee and Wisconsin.
July 16, 2018

Proxy Battle For Control Of SVU Board To Be Decided August 16

The proxy battle between Supervalu and minority holder Blackwells Capital for control of the wholesaler/retailer’s board will be decided by the company’s shareholders during the shareholders meeting scheduled for August 16 at Supervalu’s headquarters in Eden Prairie, MN.
July 16, 2018

Keptner Joins Wakefern As Senior VP-Marketing

Supermarket industry veteran Erik Keptner has been named senior VP-marketing for Wakefern Food Corp.
July 10, 2018

BJ's Makes It Official With Filing To Launch Initial Public Offering

BJ’s Wholesale Club, operator of 215 club stores in 16 states (primarily on the East Coast), made it official earlier this month by filing a prospectus to launch an IPO with the Securities and Exchange Commission (SEC).
June 25, 2018

ShopRite Rules Again In Highly Competitive $98B Marketplace

With so much overstoring and so much diversity in retail styles, the gridlock in the 70-county Food Trade News marketing area continued.
June 25, 2018

Supervalu To Lay Off 40 At Shoppers; Merchandising Will Shift To Cub Foods

Two months after Supervalu announced it would close or sell its Farm Fresh corporate store retail unit, the company said it would shift merchandising and administrative responsibility for its Retail-East operation (51 Shoppers Food & Pharmacy supermarkets in Baltimore-Washington and 22 former Food Lions that trade as Shop ‘n Save…
June 18, 2018

Giant, Walmart, CVS Pace All Retailers In $48 Billion Market

Permanent gridlock? Perhaps in a few more years the competitive pressure of the Mid-Atlantic market will abate a bit, but the landscape that food and drug retailers now face seems to be locked in for the foreseeable future.
June 18, 2018

Kroger/Harris Teeter, Food Lion Close On 21 Farm Fresh Stores

With the exception of three Hampton Roads locations, Farm Fresh has officially exited the Tidewater market.
May 29, 2018

Supervalu To Lay Off 40 Shoppers’ Associates; Merchandising To Shift To Cub Foods

Two months after Supervalu announced it would close or sell its Farm Fresh corporate store retail unit, the company said it would shift merchandising and administrative responsibility for its Retail-East operation (51 Shoppers Food & Pharmacy supermarkets in Baltimore-Washington and 22 former Food Lions which trade as Shop ‘n Save…
May 25, 2018

Lidl U.S. Names Johannes Fieber New President, Chief Executive

After a disappointing opening 11 months, Lidl U.S. has replaced its top executive, effective June 15.
May 18, 2018

Walmart Will Spend $169M To Remodel 40 Units In NJ, NY, PA

In its smallest new store expansion effort since the 1970s, Walmart, which will open fewer than 25 new stores nationally (a mix of Neighborhood Markets and SuperCenters including one in Mount Laurel, NJ in the next two months), will invest $169 million to refurbish 40 existing units in New Jersey,…
April 29, 2018

Changing Of The Guard At Ahold Delhaize: Muller To Succeed Boer As CEO On July 1

Ahold Delhaize announced earlier this month that Dick Boer will step down as CEO as of July 1, 2018 and retire from the company. Deputy chief executive Frans Muller has been appointed to replace Boer as the chief executive officer when Boer retires.
April 27, 2018

Muller Will Replace Boer As Ahold Delhaize CEO On July 1

Ahold Delhaize announced earlier this month that Dick Boer will step down as CEO as of July 1, 2018 and retire from the company. Deputy chief executive Frans Muller has been appointed to replace Boer as the chief executive officer when Boer retires.
April 20, 2018

Supervalu Pulls The Plug On Farm Fresh; Kroger/Harris Teeter, Food Lion Buy 21

Supervalu announced last month that it has entered into three separate definitive agreements to sell 21 of its 38 Farm Fresh Food & Pharmacy stores for approximately $43 million in cash to two different retailers that operate three different banners: Kroger/Harris Teeter and Food Lion.
April 20, 2018

Donald Named President, Chief Operating Officer At Albertsons

Thirteen days after Albertsons Cos. announced that it planned to acquire approximately 2,500 Rite Aid drug stores in a cash-and stock deal, the Boise, ID-based grocery retailer said that it has hired industry veteran Jim Donald to serve as president and COO of the supermarket chain.
March 19, 2018

Walmart To Launch Same Day Grocery Delivery Service To NYC

Walmart plans to offer same-day home delivery of groceries in the nation’s largest market. The world’s largest merchant also plans to add about 100 other metropolitan areas to its list of grocery delivery locations, which would cover 40 percent of the U.S., by the end of the year.
March 19, 2018

Supervalu To Exit Farm Fresh Banner; 21 Stores To Be Sold To Kroger/HT, Food Lion

Supervalu announced on March 14 that it has entered into three separate definitive agreements to sell 21 of its 38 Farm Fresh Food & Pharmacy stores for approximately $43 million in cash to two different retailers that operate three different banners: Kroger/Harris Teeter and Food Lion. Of the 21 stores…
March 15, 2018

Major Food Retailers Post Solid Comps In Most Recent Financials

Six of the country’s largest food retailers have posted increased comp sales and solid earnings in their most recent financial periods. Walmart, Kroger, Ahold Delhaize, Target, Publix and Costco have all enjoyed sales increases and many have seen their stock prices grow in recent months.
March 13, 2018

Donald Named Albertsons Pres.; Chain To Acquire 2,500 Rite Aids

Thirteen days after Albertsons Cos. announced that it planned to acquire approximately 2,500 Rite Aid drug stores in a cash-and stock deal, the Boise, ID-based grocery retailer said that it has hired industry veteran Jim Donald to serve as president and COO of the supermarket chain.
March 13, 2018

Unable To Pare Debt, Tops Seeks Chapter 11 Bankruptcy Protection

Tops Friendly Markets LLC has filed for Chapter 11 bankruptcy protection as it seeks to reorganize in order to eliminate its substantial debt, according to court papers submitted by the Williamsville, NY-based regional chain.
February 28, 2018

Albertsons To Buy 2,500 Rite Aid Stores In Cash-Stock Deal

Albertsons Cos. plans to acquire approximately 2,500 Rite Aid drug stores in a cash-and stock deal in which the Boise, ID-based supermarket chain would hold 71 percent of newly combined company that, because of the Camp Hill, PA-based drug chain’s current status, will remain a publicly-traded company.
February 28, 2018